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Webinars

Webinar: Secrets to a Successful ASC 842 Implementation

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Secrets to Success: Implementing the New ASC 842 Lease Accounting Standards

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The new Financial Accounting Standards Board (FASB) lease accounting standard, ASC 842, goes into effect January 2019 for public companies with a calendar year end. Is your company ready? The standard changes the accounting guidance for virtually all leases – from real estate to equipment.

To help manufacturers understand the new standard and prepare, Michael Keeler, CEO of LeaseAccelerator, will lead an educational webinar to share the secrets of a successful lease accounting project. Drawing upon lessons learned from over 100 real-world implementations of discrete and process manufacturing companies, Michael will share best practices on achieving day one compliance, including:

  • Staffing the project team
  • Defining system requirements
  • Testing the accounting outputs

He will also discuss long-term strategies for sustaining lease accounting on day two and beyond, including building a leasing center of excellence, redesigning lease management processes, and automating the record-to-report cycle.

Meet the Presenter

Michael Keeler

CEO, LeaseAccelerator

Webinar – Preparing for the New Lease Accounting Standards

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What Private Companies Should Know About the New Lease Accounting Standards

November 7th
2:00 pm ET | 1:00 pm CT | 11:00 am PT

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The time is now for private companies to start preparing for the new lease accounting standards, ASC 842 and IFRS 16, which take effect starting with fiscal years after December 15, 2019.

For most private companies, implementing the new leasing standards likely will be the biggest projects that controllers and financial accounting teams will tackle in 2019. With most real estate and equipment leases moving onto the balance sheet, corporate leasing programs will undergo much more scrutiny from auditors and board members than ever before. Companies will need to revisit their leasing programs, potentially making significant changes to systems, processes, policies, and controls.

During this Webcast, a panel of lease accounting experts will share best practices and lessons learned from public companies that have already adopted the standards. We will discuss:

  • How to budget for, plan, and staff your company’s implementation of the new standards to achieve day-one compliance by the deadline,
  • What types of policy elections, practical expedients, and transition accounting strategies most companies are considering,
  • How to take an inventory of your leases, and where to find the information your company requires to account for leases, and
  • What new systems companies will need to deploy, and how these systems will interact with your general ledger, accounts payable, and fixed asset applications.

Webinar | Uncover Savings with Competitive Sourcing

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How to Save 6%-12% On Your Equipment Lease Programs

Thursday, November 1st
2:00 pm ET | 1:00 pm CT | 11:00 am PT

Register for the Sourcing Webinar

With over 80% of U.S. companies leasing some or all their equipment, lease sourcing is a strategic component of capital management, but remains a complicated process. Comparing bids is extremely difficult and the negotiating process can be costly, tedious and time-consuming. As a result, it’s still difficult to ensure that you’re getting the optimal financing rates and contract terms.

Please join LeaseAccelerator for a live educational webinar to learn how procurement sourcing teams are using automation to save 6-12% on their equipment lease programs.

During the webinar, finance and electronic marketplace experts, Ingemar Lanevi and Bob Solomon, will lead a discussion and share real-world case studies on how companies are using a new sourcing technologies and methods to significantly reduce costs and uncover hidden savings.

You will learn how to:

  • Use state-of-the art sourcing technology to streamline proposal and ranking processes
  • Generate and distribute RFPs in days not weeks
  • Ensure competitive bidding by engaging multiple lessors
  • Standardize lease terms and conditions for “apples-to-apples” comparison

About the Presenters

Ingemar Lanevi

VP Finance & Capital Markets, LeaseAccelerator and former Fortune 500 VP and Corporate Treasurer

Bob Solomon

CEO, Software Platform Consulting, Inc. and former VP at Ariba

Webinar – Lessons Learned from Implementing ASC 842

By | Webinars

Lease Accounting Panel

Learn the Top Five Lessons from Real World Implementations

RGP LeaseAccelerator webinar
LeaseAccelerator logo

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Top 5 Lessons Learned Webinar

A panel of experts from RGP and LeaseAccelerator will draw upon real world implementations of ASC 842 to discuss:

  • Budgeting and Planning – How to estimate the project timeline and budget for implementation
  • Leasing Data – How to inventory your leases, abstract the data from leases, and collect additional details from users
  • Project Team – Who to involve on the core team and how to get participation from lines of business
  • Testing – How to design test plans, select sample leases, and execute test plans to ensure accounting accuracy
  • Controls – Which processes, policies, and controls to ensure internal controls over financial reporting
  • Project Governance – How to approach communications with the CFO, CEO, and audit committee

Featured Presenters

Shauna Watson RGP 10 ten lease accounting questions

Shauna Watson

Vice President

Global Head of Technical Accounting

RGP

Michael Allen

Lead Partner

Lease Accounting

RGP

Mark Koppersmith

Vice President

Customer Experience

LeaseAccelerator

Real Estate Lease Accounting and Administration

By | Webinars

Real Estate Lease Accounting & Administration

for ASC 842 & IFRS 16

Understanding the Hidden Complexities – Policy Elections, Practical Expedients, and System Considerations

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Presentation Topics

Technical Accounting

This covers complex topics including:

  • Asset retirement obligations
  • Lease and non-lease components
  • Reassessments, modifications, & remeasurements
  • Variable rents

System Requirements

A lease accounting system should track:

  • Asset-level detail
  • Standalone observable prices
  • Business context for payment change
  • Changes to end-of-term plans

Featured Speakers

Mark Koppersmith

Mark Koppersmith

Finance & Lease Accounting Expert & Vice President

Mark is recognized for his expertise in the new lease accounting standards, ASC 842 and IFRS 16. He has over 30 years of experience in finance and accounting, primarily at various telecommunications firms where he managed extensive corporate real estate portfolios. Mark has held the position of Vice President at Razorsight Communications, XO Communications, and eSpire Communications.

Scott Silver

Real Estate Leasing Expert & Solution Consultant

Having run his own lease audit consulting firm for 15 years, Scott is nationally recognized for his expertise in conducting real estate lease audits on behalf of office, retail, and industrial tenants. Scott has over 30 years of experience with real estate programs at companies like CBRE, Deloitte, and JLL, where he held portfolio management, lease consulting, and property controller roles.

Lease Accounting Oracle ERP Webinar

Oracle Lease Accounting Webinar

By | Webinars

Learn how to select a lease accounting software application that will integrate with your Oracle ERP and General Ledger. Here real world case studies of how Oracle customers are leveraging a specialized lease accounting subledger to comply with ASC 842 and IFRS 16.

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